Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1887-04-23
THE STATE OF TRADE.
UNsRASONABLR WEATHER HINDHRs THE
MOVEMENT OF MERCHANDISE.
fhs Crop Prospects improved By Rains-Ths Trade
OftAs Country S6ll In Turbulent Shh Pom
The Change Of Rates By tie Interstate
Lw-Ths General Outlook.

New YORK, April Or. G. Dun &
Co.'S weekly review of trade says: Un-
usual weathi binders trade. Extensive
snow storms April, with strips and
patches Of SNOW Il on the ground a. this
date around New York, account for not a
little embarrassment in various branches
OF business. 1t is a compromising fact that
the long drought at the West has broken.
Copious rains help crop prospects. But
the outlook for dry goods is especially af-
fected by unreasonable weather which
adds to apparent depression caused by un-
wonted purchases of stock lest month in
order to anticipate changes in rates.
Market for woolens dIags, and is unsat-
isfaetory, and while Gotten staples are firm,
print cloths are weaker. Raw cotton does
not advance, though receipts are small and
wool has been weak, though hope is ex-
pressed that the bottom has been touched.
Iron is dull at Philadelphia, with prices
in some grades marked down there and at
Pittsburg; bar is lower, and the entire
market is feyerish with symptoms Of weak
ness. Wheat is held by a reported corner,
but scarcely advanced shade. Pork pro-
ducts are little weaker, and oil is dull.
Coffee suddenly advanced cent by
speculative methods. Leather is in better
demand; boot and shoe orders are decidedly
improved. The rubber market is excited.
Stocks have turned downward with an
average decline for the week of half dol
lar per share. For much embarrassment
CHANGES IN RAIL RATES
under the Interstate act are responsible.
Many think, as the Commission apparently
does, that railroads have made the law an
excuse for an unnecessary advance in rates,
but the broad fact remains that great part
of the country has been built up under the
system ofspecial rates to encourage special
localities or trades. The chief intent of the
act is to prohibit such special fayors. An
inevitable result is that industries and bus
ness in great number of places are dis.
turbed.
TOIclBu anu lultTlOI lIiuc COutiuNc ihii
ly active. Exports from New York show
an increase OF II per cent. over last year,
but are declining, against an increase OF
"a per cent in imports, with an advancing
tendency. At some Southern points bust
ness is so dull that country merchants in
unusual numbers are asking extensions,
but collections generally are fair tOprompt.
Money would be everywhere abundant
but for extraordinary demands in
REAL ESTATE SPECULATION
and building. At New York alone plans
filed in three months call for the expendi-
ture of So, 500, 900 in building and mort
cages amount to $35, 10000 for the
quarter. At the same rate throughout the
country new mortgages would aggregate
81, 600, 900, 600 and new buildings would
cost 81, 400, 900, 900.
A Chicago journal report 2, 130 miles Of
new railways proposed for the year and
Is, $50 miles of track TO be relaid, which
would cost over $6OO,OOO,OO With such
demands it is not strange that any dis
turbance in the usual trade and productive
industry of the country is felt.
Business failures during the last seven
days number for the United States III /,
Canada 2G, against total of 175 last week,
and 1914 for the corresponding week last
wear